Middle East and North Africa

Middle East and North Africa

KFH Wins ‘World’s Best Islamic Financial Institution’ Award

Kuwait Finance House (KFH) has won World's Best Islamic Financial Institution 2019 award from Global Finance Magazine. Being one of the safest leading financial...

Dubai Islamic Bank in Strategic Partnership with Tejari JAGGAER to Enhance...

Tejari/JAGGAER, the world’s leading independent spend management company, has announced a three-year partnership with Dubai Islamic Bank to help digitally transform their procurement processes...

Islamic Finance Entrepreneurs Eye New Frontiers

Daniel Ahmed had raised $2.5m from wealthy Gulf investors to create a sharia-compliant cryptocurrency. But as the blockchain bubble burst last year, he reasoned...

ADCB Partners with Emaratech to Enhance to Digital Payment System

Abu Dhabi Commercial Bank (ADCB) has partnered with emaratech, UAE-based payment gateway and financial service provider, to enhance multiple payment channels from ADCB for...

IMF Slashes Saudi Arabia’s 2019 Growth Forecast to 0.2 Per Cent

The International Monetary Fund (IMF), which just lowered its 2019 global growth forecast for a fifth straight time, expects Saudi Arabia’s economy to grow...

DIFC Records 45pPc Rise in Islamic Assets in Q2

Dubai International Financial Centre (DIFC), a leading international financial hub, has marked a significant rise in Islamic assets being managed in the Centre, recording...